This law outlines the process for localities in Virginia to sell abandoned vehicles at public auctions, including internet sales. It specifies how proceeds are to be used, including reimbursement for expenses and handling remaining funds for owners or lienholders. The law also details the transfer of vehicle titles and the requirements for demolishing vehicles after sale.
If an abandoned vehicle is not reclaimed within the specified period, the locality or its agent can sell it at a public or internet auction according to Virginia law.
Proceeds are used first to reimburse the locality for expenses like towing and storage. Any remaining funds are held for 60 days for the owner or lienholders to claim.
Yes, the purchaser receives a sales receipt that serves as a sufficient title to transfer ownership, and can apply for a formal title and registration from the Department.
The sale receipt allows for vehicle transfer to a demolisher, who must provide proof of demolition; no further title transfer is necessary for demolition purposes.